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Quarterly Journal of Economics Vol. 47 No. 1 1932

The Static and the Dynamic in Statistical Demand Curves

Wirth F. Ferger

University of North Carolina

Abstract

Introduction, 36. — I. Controversy concerning the nature of statistical demand curves, 37; Distinction between "time" and "dynamics, " 39.— II. Different types of "demand" relationships, 42.— III. Statistical determination of demand curves, static conditions, 43; Simple dynamic conditions, 43; First and second order dynamics, 44; Trend-ratios, 45; Link relatives, 46; Different phenomena measured, 46; Distortion by link relatives, 47.— IV. The scatter-diagram — choice of curves, 49; Demand curves for individual years, and shifts, 53.— V. Correlated changes of demand and supply, 54; Dealers' and speculators' demands, 55; Pigou's method, 56; Douglas' method, 56; Leontief's method, 57; Mrs. Gilboy's method, 58; Multiple and partial correlation methods, 59.— Conclusions, 61.

DOI
10.2307/1885184
Volume
47
Issue
1
Pages
36
Sources
openalex crossref

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